Software Engineer

Data engineer

Out British Raj, In Ambani Raj - Amrit kaal 🤣🤣🤣

Welcome to Business Roles's Private Community

How much stronger will Reliance get. They're such hard working folks and don't tire away from making more money

Product Marketing Manager

How much stronger will Reliance get. They're such hard working folks and don't tire away from making more money- Grapevine

Welcome to Office Gossip's Private Community

Since I am Done-Zo with Dunzo, AMA anything. Here to spill all the scoop that’s happened.

Ex-Dunzo employee. AMA.

Product Manager

Welcome to Indian Startups's Private Community

Just read this after getting to know earlier today that one of the cofounders have resigned. Didnt even know that the cofounders never had a stake, they’d just get a salary. Super weird.

Reliance pulls representatives from Dunzo’s board

Not the first nor the last.  Haptik was probably one of the early ones that got arsenic poisoned post Jio acquisition.  Slow slow death.  
  
 Reliance will continue to fiddle around the ecosystem and buy a random set of start ups.  Mukess bhai's fuck-you-money account is a few billions. 250 mil written off makes no difference to his life. 
  
 Start Ups have to learn to get investors on board that have the right intent and roadmap aligned to their vision.  Includes the testicular fortitude to say NO even to Warren Buffet.

Sales Manager

Analyst

Welcome to News Discussion's Private Community

- Reliance Industries might spin off its telecom arm Jio for a public listing as early as 2025, according to Jefferies.
- Investors prefer a spinoff over an IPO due to concerns about the holding company discount in the Indian market.
- Jio, with over 475 million subscribers, was valued at $58 billion pre-money in 2020 and could be valued at $112 billion in a public listing.
- A spinoff would reduce Reliance's controlling stake in Jio from 66.3% to 33.3%, potentially leading to a more accurate valuation.
- The success of Jio Financial Services' spinoff last year could serve as a model for Jio's potential listing, with analysts projecting a 7-15% upside for Reliance's stock.

Source: Techcrunch

Reliance May List Jio at $112 Billion Valuation Next Year, Jefferies Says

Journalist

Build vs Buy. 

Looks like @Jiocinema is starting with replacing @hotstar in the Indian OTT market. 

Opinions?

Ambaniji snatching hotstar's bite.

Cloud Architect

First, they had a layoff.
Some people in the leadership quit.
Middle management people are quitting.
They shut down majority of the dark stores.
They are pivoting their business.
They are out of runway.

Dunzo not in a great position

Business Analyst

Hey everyone,  
 
What is the Watercooler for: a place to hang around and chat just about anything - without having a specific topic to discuss.  
Also sorry I had a late night yesterday and hence creating this a bit late today 😅
 
Look forward to hearing from y'all :)

Daily Watercooler (15th June)

Founder

1. Migrating PhonePe to India 1B $ in useless tax

2. Like that stupid separation of PhonePe from Flipkart ~0.7B $

3. Now this 3.5B$ just to increase its stake when it was already a majority owner! What's going on?

Why does Walmart keep pumping soo much money even with unnecessary things with Flipkart?

Maybe, 
  
 Taking on Reliance retail and Amazon in India? 
 Tech infra for Walmart (random guess)  
 100% or ownership yields absolute power

Infosys founder Narayana Murthy has doubled down on his controversial advice to young people in India to work 70 hours a week, saying the country's educated population owes it to the less fortunate to work "extremely hard".

"People Called Me...": Narayana Murthy On Backlash Over "70-Hour" Advice

Narayana Murthy Says " Friends" Agree With 70-Hour Work Advice!

Research Engineer

Welcome to Software Engineers's Private Community

An acquaintance of mine is planning to join Reliance India in the next few weeks. How is the work culture there?

Work culture at Reliance India

Solution Engineer

Abhi 2 din pehle 1 saal ka recharge karwaya

Reliance thinks they have cutting-edge technology, but will soon find out it’s Akamai CDN ka magic

Lawyer

Backend Engineer

George Soros-Backed OCCRP said to be Planning 'Expose' On Certain Indian Corporate Houses. Another build up in short positions?

Hindenburg 2.0?

Consultant

I'm unable to understand what sort of entitlement does the leadership hold to ask their employees to work their ass off without any compensation for their efforts.

Like literally bro just said that it's a 7 day work week for the next quarter and fuck your personal life and doesn't even bother to highlight that there would be any gratification for the same.

The mid-senior leadership just acts as pawns and complies with this and in case you highlight this shit show you're fired.

Fuckall Leadership

Make a fake profile on LinkedIn, post this mail there, tag a bunch of people and make this asshole famous. 
  
 Fuck this shit, seriously!

Growth Manager

Reliance industries Laid off 42,000 employee

- Mukesh Ambani outlines Reliance's AI focus, including 'Jio Brain' suite and free cloud storage for users
- Company plans to enter luxury jewellery market and bring international fashion brands to India
- Reliance Retail reports 17.8% growth, crossing Rs 3.6 lakh crore in revenues for FY24
- 30 GWh battery assembly plant in Jamnagar to begin operations by second half of 2026
- Ambani envisions Reliance joining world's top 30 companies by market cap in 'near future' 

 Source: [The Arc](https://thearcweb.com/article/reliance-seeks-to-enter-global-company-league-with-new-investments-7FbWVKUMmIR2do2z)

Reliance Aims for Global Top 30 with AI Push and New Investments

- **Reliance Industries** is in talks to acquire a stake in **Karan Johar's Dharma Productions**.
- The deal aims to bolster Reliance's position in the **content production industry**.
- **Karan Johar** owns 90.7% of Dharma, with his mother holding 9.24%.
- Past deals fell through due to **valuation disagreements**.
- The Hindi film industry faces financial challenges, with rising costs and declining theater attendance.

Source: [Business News India](https://www.businesstoday.in/latest/corporate/story/mukesh-ambanis-reliance-industries-eyeing-a-slice-of-karan-johars-dharma-productions-report-449858-2024-10-14), [The Economic Times](https://economictimes.indiatimes.com/industry/media/entertainment/reliance-industries-in-talks-to-acquire-stake-in-karan-johars-dharma-productions/articleshow/114196184.cms)

Reliance Eyes Stake in Dharma Productions

Welcome to Product Managers's Private Community

Got an offer from Jio Platform? Seems like they are building good team..bringing folks from Apple etc. Is it worth joining?  Anyone having first hand experience?

Jio Platform - Product Manager

I recall a period when several individuals from upper management were keen on initiating a lawsuit against Dunzo due to unpaid dues, and yet, all of them seemed to disappear without a trace after a while. I'm genuinely curious about what might have transpired.

How much stronger will Reliance get. They're such hard working folks and don't tire away from making more money

Discover More

Office Gossip on

by Jordon Olive

PayU

Ex-Dunzo employee. AMA.

Indian Startups on

by Kendall Lee

Venture Capital

Reliance pulls representatives from Dunzo’s board

News Discussion on

by Kendall Carmden

Grapevine

Reliance May List Jio at $112 Billion Valuation Next Year, Jefferies Says

News Discussion on

by Kalan Lee

Eli Lilly

Ambaniji snatching hotstar's bite.

Indian Startups on

by Jordon Carmden

PhonePe

Dunzo not in a great position

Office Gossip on

by Kendall Gabriel

Grapevine

Daily Watercooler (15th June)

Indian Startups on

by Dezi Everett

Flipkart

Why does Walmart keep pumping soo much money even with unnecessary things with Flipkart?

Misc on

by Aaron Nadeen

Google

Narayana Murthy Says " Friends" Agree With 70-Hour Work Advice!

Software Engineers on

by Kendall Carmden

SAP

Work culture at Reliance India

News Discussion on

by Matilda Lee

Stealth

Abhi 2 din pehle 1 saal ka recharge karwaya

News Discussion on

by Jordon Gabriel

Deloitte

Hindenburg 2.0?

Indian Startups on

by Coy Dean

Vedantu

Fuckall Leadership

News Discussion on

by Kendall Dean

Stealth

Reliance industries Laid off 42,000 employee

News Discussion on

by Anise Carmden

Grapevine

Reliance Aims for Global Top 30 with AI Push and New Investments

News Discussion on

by Jordon Vernon

Grapevine

Reliance Eyes Stake in Dharma Productions

Product Managers on

by Matilda Olive

Stealth

Jio Platform - Product Manager

Indian Startups on

by Coy Lee

Stealth

Something shady about Dunzo